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Showing posts from May, 2020

THE IMPACT OF COVID-19 ON SODA ASH MARKET

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WHAT IS SODA ASH MARKET?? Soda ash is also called the alkali ash. It is a kind of sodium bicarbonate which is mainly used for washing clothes. Sodium bicarbonate is a sodium salt crystal, which is in the powdered form and white in color. It tastes like alkali and it is odorless in nature. However, when it gets mixed up with water, it will no longer be odorless and it is also used as a solution for softening hard water. The soda ash is a widely demanded product and used in several industries all across the world. The growing industrialization and the rising demand of soda ash have resulted in the rapid growth of the soda ash market globally. If we talk about the year 2018, then the value of the growth rate of the soda ash market globally was in million dollars. And according to a study, the value of the global soda ash market is expected to reach very high by the end of year 2025 with an unbelievable growth rate of CAGR. The year 2018 was considered as a base year for the growth...

THE IMPACT OF LOCKDOWN ON THE IMPORT EXPORT BUSINESS OF INDIA

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The import-export business of India has fallen at a record-breaking low in April due to the sealing of the borders by many countries to reduce the spread of the pandemic COVID-19. According to the recent data released by the commerce ministry of India, the exports of goods and services have fallen to 60.3%, whereas, the imports have plunged to 58.7%. As a result, the trading business in India has been seeing the deficiency of $6.8 billion. Due to the countrywide lockdown from March 23rd in India, the export business in India had dropped 28.7% in March which is followed sharply in April with even worsening the situation, resulting in the falling of the exports by 34.6% drop. It’s been two long months since the lockdown has started in India and it hit the trading business too badly in India and due to the pandemic coronavirus, the economy of India has also been declining rapidly. The government of India has been relaxing down the restrictions of the lockdown, allowing some of the ...

BUILDING A TRADING BUSINESS IN THE MARKETS

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If you want to know the market conditions of the trading business then there is a possibility that you can get to know about the latest updates and details of trading business through leading business organizations. The import and export firms in the trading market get enough data about the latest updates of the market through various business agencies. Business agencies provide the data so that they can earn more revenues. If you are thinking of setting up an import and export business then you will have to work on improving the basic knowledge of trading for achieving goals. This process of building a trading business in the markets requires that. Anyone who is a beginner in the trading business and wants to become a successful entrepreneur will definitely have to gather enough data from various business organizations and sources so that their business can generate high profits. The business consulting firms which are reputed enough help the people who are a beginner in the wo...

INDIAN IMPORT EXPORT DATA- TO GET IDEA ABOUT SHIPMENT DETAILS OF INDIAN TRADERS

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When it comes to import-export India data, India comes in the third position in the import-export business. Indian importers are the largest importer of goods, products, and services. The top imports of Indian importers are gold, silver, stones, electronic, and petroleum products. And the top exports of Indian exporters are jewelry, textile, gems, and agriculture and petroleum products. The most common way of collecting Indian Trade Data is from the import-export India data of shipment on a regular basis. The shipment data is collected from the different custom points in India. The import-export India data about shipment details usually consists of the information of shipping manifest. The Indian Trade Data of shipment details can be further categorized into two types, Macro data, and Microdata. The Macro data of the shipment details is regulated by the government all over the world. It is mandatory for Indian importers and Indian exporters to provide the details of imported and ...